Underwriter/Senior Underwriter, Life Sciences
- 199 Bay Street, Suite 2500, Toronto, ON, M5L 1E2, Canada
Full-time
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Job details
- Job type
- Full-time
- Posting language
- English
- Posted
Original job description
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
KEY OBJECTIVE:
As a key member of commercial underwriting department, you would be responsible for independently managing a Life Sciences renewal portfolio of Property, Casualty & E&O business while also producing some new business.
The Life Sciences Underwriter must develop book growth, maintain superior relationships, and will have accountability for overall financial performance of their portfolio. They will identify opportunities for growth within new and existing production sources, identify cross-selling opportunities, conduct broker planning/goal setting including monitoring of progress and make regular broker and insured visits.
MAJOR RESPONSIBILITIES:
• Underwrite and assess Life Sciences liability, property and E&O exposures for middle market accounts.
• Analyze submissions and renewals, evaluate risk exposures, and determine appropriate coverage and pricing.
• Profitably manage an active renewal portfolio and new business pipeline of small to large sized accounts.
• Contribute to differentiated Customer Retention and Sales results.
• Develop and establish superior relationships with key brokers and insureds.
• Collaborate with team members and contribute to an engaging work environment.
• Monitor booking, retention, account rounding, and renewal change accuracy.
• Contribute to projects as required to improve the business and continually develop personal skills.
• Stay current on market trends, regulatory changes, and emerging risks to inform underwriting decisions.
Qualifications
- Experience underwriting Life Sciences exposures is an asset.
- Proven ability to solve problems independently and with success.
- Strong organization and time management skills with the ability to follow-up independently.
- Excellent customer service and sales skills; experience in dealing with brokers.
- Completion of University degree and/or equivalent work experience.
- A minimum of one to three (1-3) years of underwriting or other professional work experience.
- High level of responsiveness and efficiency when working with stakeholders.
- Ability to respond as a team player, in a multi-task environment.
- Ability to effectively prioritize tasks.
- High degree of technical knowledge attained in current job.
- CIP or CRM designation or completed CIP/CRM courses considered an asset.
At Chubb we are committed to providing equal employment opportunities to all employees and applicants. It is our policy to provide equal employment opportunities to employees and applicants based on job-related qualifications and ability to perform a job. If you require an accommodation during the hiring process or upon hire, please inform Human Resources. If a selected applicant requests accommodation during the recruitment process, Chubb will consult with the applicant in order to provide suitable accommodation that takes into account the applicant’s accessibility needs.
More about this job
Responsibilities
The Underwriter is responsible for managing a portfolio of Life Sciences insurance accounts, including renewals and new business production. They must assess risk exposures, determine coverage and pricing, and maintain strong relationships with brokers and insured clients.
Requirements
Candidates should have one to three years of underwriting or professional experience and a university degree. Proficiency in underwriting Life Sciences exposures and strong organizational and sales skills are highly valued.
Skills
- Underwriting
- Life Sciences
- Risk Assessment
- Portfolio Management
- Broker Relations
- Property Insurance
- Casualty Insurance
- E&O Insurance
- Sales
- Customer Retention
- Financial Analysis
- Time Management
- Problem Solving
- Market Analysis
- Regulatory Compliance
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Sales
- Customer Service & Support
- Management & Leadership
Keywords
- Underwriting
- Life Sciences
- Insurance
- Property
- Casualty
- E&O
- Risk Assessment
- Portfolio Management
- Broker Relations
- Customer Retention
- Sales
- Middle Market
- CIP
- CRM
- Regulatory Changes
- Financial Performance
- Account Management